Public Disagrees With Experts Regarding Falling Financial Markets by Scott Gingold

As a result of the turbulent financial markets, we chose to withdraw our posted question and insert the following: "The financial markets are plunging, what does it mean?" 61 percent said it means we are in a recession, 17 percent said it is a market correction, another 17 percent said it is a one day fluke and 6 percent say we are in a depression.

(1888PressRelease) March 13, 2007 - This question drew an astounding 12,229 responses. Given the short time frame this question was posted, the number of votes cast was a record for us. Of those responses, the clear majority believe our financial markets are in trouble and we are in fact in a recession. This sentiment is in stark contrast to what the "experts" have stated regarding the falling financial markets.

Scott Gingold, CEO of powerfeedback.com stated, "Federal Reserve Chairman Ben Bernanke did a good job of lessening the damage to the markets, questions still remain such as; is it enough to sustain the downward spiral and how long before the Fed starts cutting interest rates."

powerfeedback.com posts a weekly poll question
at www.powerfeedback.com.

Results are tabulated and posted each Friday.

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